Weekly: Vaccine rollouts boost recovery hopes

Keep abreast of market moving events with CIO’s weekly bulletinChief Investment Office25 May 2021

  • Equities: Europe equities powered by accelerated vaccination and earnings momentum
  • Credit: Yield and safety in CGBs
  • FX: Two-way market with a downside bias
  • Rates: Some complacency in longer tenors; Maintain view for 10Y yields to hit 2% this year
  • Thematics: Brighter days ahead for Asian aluminium plays